Project Management Best Practices on MPMM.com. Project Management Best Practices: Download a methodology aligned with the best practice standards for project management - the PMI PMBOK® and Prince2. The browser you are using is not compatible with the scripts on this page. Upgrade then click here Project Management Best Practices

Project Management Best Practices

Best Practices

MPMM™ is considered a "Best Practice Project Management Methodology" because it is aligned with the worldwide standard for Project Management: PMBOK® (Project Management Body of Knowledge) Guide. By aligning with the PMBOK® Guide, MPMM has become a leader in the Project Management Methodology market. We will explain more about this alignment below.

What is PMBOK® Guide?

With more than 450,000 members around the world, the Project Management Institute (PMI) is the world's foremost advocate for the project management profession (see www.pmi.org). Created by the PMI, the Project Management Body of Knowledge (PMBOK® Guide) is a collection of processes and knowledge areas widely accepted as best practice within the project management discipline. The PMBOK® Guide is an internationally recognized standard and includes five basic Project Management processes; Initiating, Planning, Executing, Controlling and Closing.

How are MPMM and PMBOK® aligned?

By creating the MPMM Phases in parallel with the PMBOK® Process Groups, we have been able to achieve a tight alignment between the Method123 Project Management Methodology (MPMM) and the worldwide Project Management Body of Knowledge (PMBOK®). Where the PMBOK® shows you what you need to do, MPMM shows you how to do it.

For each core process in the PMBOK®, MPMM has an equivalent step. The following table illustrates the alignment between the MPMM and PMBOK® Lifecycles:

PMBOK®

MPMM

Initiating Processes

Develop Project Charter

Establish the Project Charter

Identify Stakeholders

Establish the Project Charter

Planning Processes

Develop Project Management Plan

Create a Project Plan

Plan Scope Management

Create a Project Plan

Collect Requirements

Create a Project Plan

Define Scope

Create a Project Plan

Create WBS

Create a Project Plan

Plan Schedule Management

Create a Project Plan

Define Activities

Create a Project Plan

Sequence Activities

Create a Project Plan

Estimate Activity Resources

Create a Resource Plan

Estimate Activity Durations

Create a Project Plan

Develop Schedule

Create a Project Plan

Plan Cost Management

Create a Financial Plan

Estimate Costs

Create a Financial Plan

Determine Budgets

Create a Financial Plan

Plan Quality Management

Create a Quality Plan

Plan Human Resource Management

Create a Resource Plan

Plan Communications Management

Create a Communications Plan

Plan Risk Management

Create a Risk Plan

Identify Risks

Create a Risk Plan

Perform Qualitative Risk Analysis

Create a Risk Plan

Perform Quantitative Risk Analysis

Create a Risk Plan

Plan Risk Responses

Create a Risk Plan

Plan Procurement Management

Create a Procurement Plan

Plan Stakeholder Management

Create a Communications Plan

Executing, Monitoring and Controlling Processes

Direct and Manage Project Work

Build Deliverables

Perform Quality Assurance Perform

Perform Quality Management

Acquire Project Team

Appoint the Project Team

Develop Project Team

Appoint the Project Team

Manage Communications

Perform Communications Management

Conduct Procurements

Contract the Suppliers

Monitor and Control Project Work

Monitor and Control

Perform Integrated Change Control

Perform Change Management

Validate Scope

Perform Change Management

Control Scope

Perform Change Management

Control Schedule

Perform Change Management

Control Costs

Perform Cost Management

Control Quality

Perform Quality Management

Manage Project Team

Perform Time Management

Control Communications

Perform Communications Management

Manage Stakeholder Engagement

Perform Communications Management

Control Risks

Perform Risk Management

Control Procurements

Perform Procurement Management

Control Stakeholder Engagement

Perform Communications Management

Closing Processes

Close Project or Phase

Perform Project Closure

Close Procurements

Perform Project Closure

Key Knowledge Areas

Project Integration Management

All Project Life Cycle Processes

Project Scope Management

Project Change Management

Project Time Management

Project Time Management

Project Cost Management

Project Cost Management

Project Quality Management

Project Quality Management

Project Human Resource Management

Create a Resource Plan

Project Communications Management

Project Communications Management

Project Risk Management

Project Risk Management

Project Procurement Management

Project Procurement Management

Project Stakeholder Management

Project Communications Management

(none)

Project Issue Management

(none)

Project Acceptance Management

PMBOK® Comparison Matrix

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